Monday, October 23, 2023

All times listed are in U.S. Central Time.

Welcome to the Forum

Peter Moustakerski, CEO, FOX

Wealth as Well-Being: Fireside Chat with Jay Hughes
Over the past 30 years, families have worked hard and invested enormous resources to create the plans and structures that promise to carry the family into the future and ensure its long-term success. The vast  majority of these investments have focused on the quantitative disciplines that serve the family’s financial capital – the collective disciplines that today we call “wealth management”. As the future generation steps into the picture, the key question is: “Will the family live and flourish in the plan?” The answer, according to Jay Hughes, depends entirely on whether and how well the family invests in and nurtures its qualitative capitals: spiritual, social, intellectual, and most importantly, human. A conversation with Jay Hughes about the state of well-being of families and their enterprises.

James (Jay) E. Hughes Jr., Author of Family Wealth: Keeping it in the Family, and of Family - The Compact Among Generations
Peter Moustakerski, CEO, FOX

1.0 CPE | Specialized Knowledge

Cultivating Transformational Human Capital
FOX has identified the cultivation of Human Capital as a key element of multi-generational success for business-owning families and other Family Offices that are focused on continuity, succession, and continual growth of family assets. The Frisbie Group in Palm Beach was originally founded by three brothers investing in a single rental property in Boston, Massachusetts while in college. It has since grown to involve nearly a dozen family members working side by side with external employees to focus on transformational residential and community development projects. Join us for a chat with family member and Managing Director of Investments, Cody Crowell, who will walk through some of the key learnings and best practices for cultivating human capital internally while cohesively working with numerous siblings on complex and long-term projects that require specialized skills. He will share the story of how Gen 2 has helped drive the family business to new heights and grown their vision for the future of Frisbie Group while seeking to preserve the family values that started with that first family investment.

Cody Crowell, Principal, Frisbie Group

Moderated by Nate Hamilton, Vice Chair, FOX

1.25 CPE | Specialized Knowledge

Engaged Healthy, Wealthy & Wise: Lessons from Inheritors and their Significant Others
When a young inheritor announces that they  have met “the one,” the wheels of the wealthadvising industry whir into motion, with families and advisors discussing prenups, onboarding, and whether to include the new partner in family wealth discussions. But amid all of this, there is a young couple in love. How do we nurture this new union and foster relationships across the family instead of getting caught up in transactional work? What best practices should we reexamine in order to truly serve the well-being of all family members and allow space for couple-defined individuation? Covie will share with us the key insights she gleaned from two years of interviews with inheritors and their partners for her recently published book Engaged Healthy, Wealthy & Wise and how she has changed her approach to our work as a result.

Coventry Edwards-Pitt, CFA CFP^®, Partner, Chief Creative Officer, Ballentine Partners
Moderated by Mindy Kalinowski Earley, Chief Learning Officer, FOX

1.0 CPE | Specialized Knowledge

Tuesday, October 24, 2023

Welcome

David Toth, President of Membership, FOX

Industry Founders Panel: The Evolution of Family Wealth, Part 1
For nearly 40 years, the pioneers of the family wealth profession have been working with family leaders and family office executives to help their families manage and grow their enterprises, strengthen their family systems and well-being, and deliver a positive impact on their communities and the world. For the first time ever, FOX will gather on the same stage the five most prominent and iconic founders of the family wealth field. Panelists will reflect on the journey of the past four decades, share their vision of the future, and offer their wisdom and advice for the rising generation leaders who will steer their families and their enterprises into the decades to come.  

James (Jay) E. Hughes Jr., Author of Family Wealth: Keeping it in the Family, and of Family - The Compact Among Generations
Sara Hamilton, Founder and Board Chair, FOX
Dennis T. Jaffe, Senior Research Fellow, BanyanGlobal Family Business Advisors
Ellen Perry, Founder and Managing Partner, Wealthbridge Partners, LLC
John A. Warnick, Esq., Founder, Purposeful Planning Institute

Moderated by Peter Moustakerski, CEO, FOX

CPE credits referenced below for this session in Founders' Panel Part 2

Industry Founders Panel: The Evolution of Family Wealth, Part 2
Please join us for a continuation of our conversation with the Industry Founders panel.

James (Jay) E. Hughes Jr., Author of Family Wealth: Keeping it in the Family, and of Family - The Compact Among Generations
Sara Hamilton, Founder and Board Chair, FOX
Dennis T. Jaffe, Senior Research Fellow, BanyanGlobal Family Business Advisors
Ellen Perry, Founder and Managing Partner, Wealthbridge Partners, LLC
John A. Warnick Esq., Founder, Purposeful Planning Institute

Moderated by Peter Moustakerski, CEO, FOX

1.25 CPE | Specialized Knowledge

Professor Wolcott will preview his new book, PROXIMITY, forthcoming from Columbia Business School Publishing March 2024. While everyone witnesses the dramatic changes underway as a result of digitally-enabled technologies from Generative AI and data analytics to rooftop solar and additive manufacturing, few have noted one common force they all exert across industries. Digital technologies push the production and provision of value ever closer to the moment of actual demand in time and space. Understanding this trend clarifies where industries are heading and suggests priorities for innovation and investment.

For a portion of his session, Dr. Wolcott will be joined by the CEO and founder of one of his portfolio companies, Interstellar Labs. Started by Barbara Belvisi to develop capabilities to grow food in controlled, self-sustaining environments on Mars— they still work actively with NASA and the ESA—the company’s largest customers are now cosmetic and fragrance companies. Proximity in action! Dr. Belvisi will join from Interstellar’s location just outside Paris.

Rob Wolcott, Adjunct Professor, Booth & Kellogg, Chair & Founder, TWIN Global
Barbara Belvisi, CEO and Founder, Interstellar Labs

1.0 CPE | Specialized Knowledge

Amplifying Rising Gen Voices: Translating Challenges into Opportunities
In April of 2023, FOX released the Rising Gen Research Brief, the findings from rising gen focus groups, and a survey, conducted in 2022. This session will dive into the data through the lens of our rising gen panelists. We will learn how they experience, work through, and address the rising gen challenges in their lives and families. By discussing common challenges and goals of this segment, we will understand how to better serve this group, and leave with ideas for how other families have turned challenges into opportunities.

Marissa Evans, Owner, Marissa L. Evans Coaching + Consulting
Chad R. Nicholson, First Assistant Director & Producer, G5 Investment Committee Member of the Nicholson Family Office
Victoria C. Onufrieff, Andrew Family Foundation Junior Board President, Partnerships Specialist at Habitat for Humanity Chicago
Mindy Kalinowski Earley, Chief Learning Officer, FOX
Allison Lawshe, Learning Center Program Manager, FOX

1.0 CPE | Specialized Knowledge

Family Case Study: The Tsotsorkov Family - Empowering Visionaries
Join the Tsotsorkov family’s journey over the decades, from its entrepreneurial roots going back 250 years to its modern-day enterprise. Gen 2 family leader, Dimitar Tsotsorkov, shares the story of, and learnings from, the family’s recent efforts to capture and codify the unique values that have shaped the enterprise family and its ecosystem throughout the centuries. He will also speak to how they defined and articulated the family brand representing its shared identity, and established a family governance structure that empowers and propels the family’s purpose and spirit across its future generations.

Dimitar Tsotsorkov, CEO, Tsotsorkov Family Office
Miguel López de Silanes Gómez, Market Leader International, FOX 

1.0 CPE | Specialized Knowledge

Crafting a Family Charter to Ensure Family Engagement
This session with the Salgar Family will provide background on the transitions underway in their family and how they used the Family Charter / Constitution to reaffirm the family values, align their goals, and organize their governance process. As part of the move from the first generation to the leadership of Gen 2-3, the family outlined the key components to be included in a charter document, including governance functions and responsibilities and skillsets needed for each role. The family will also describe what the challenges were throughout the process and where they got stuck along the way.

Salgar Family Members:
Isabel Salgar, Daniel Posada, Nico Posada, & Andres Posada

Moderated by Sara Hamilton, Founder and Board Chair, FOX

1.0 CPE | Specialized Knowledge

Wednesday, October 25, 2023

Welcome and Presentation of the Glen W. Johnson Award

What's on the Minds of FOX Members?
The FOX peer community is a vibrant and generous one, and one place where that is abundantly evident is the FOXChat discussion boards and networks, where members ask anything that is of critical importance to their families and their enterprises and receive real-time answers and feedback from their peers and fellow members. FOXCloud, the latest digital feature from FOX, allows members to quickly and efficiently see what their peers are asking about and the answers they are receiving. This session will offer an overview of the key topics that FOX members have raised, asked about, and discussed over the course of 2023.

Peter Moustakerski, CEO, FOX

Anticipating Change in the Family and the Family Enterprise
Families are working hard to juggle the competing demands of family and enterprise. This session explore s a multitude of dynamics coming at both systems simultaneously: generational shifts happening faster and with greater consequence; AI and climate change—both with the potential to alter the human experience; the rise of women’s wealth ownership and its impact in both the family and the enterprise, just to preview a few of the big waves Sara and Joline will tackle.

More importantly they will share new practices, weak signals from the future, and innovations being experimented with now—evidence from their respective private practices of innovations being implemented now by thought leader families paving the way to the future.

Joline Godfrey, Founder and Chief Content Officer, Bounce10, LLC
Sara Hamilton, Founder and Board Chair, FOX
Jeff Strese, Family Learning and Leadership Consultant, FOX

1.0 CPE | Specialized Knowledge

Reimagining the Future with AI: Fireside Chat with Dr. Alex Wissner-Gross
The emergence of Artificial Intelligence (AI) is creating tremendous uncertainty – and amazing opportunities – for families, business owners, and advisors. Understanding the possibilities AI unlocks and integrating its transformative power into the family’s systems, governance, and businesses has the potential to propel families and their family offices into a new era of speed, efficiency, and virtually infinite knowledge. Join us for this timely and relevant fireside chat with Dr. Alex WissnerGross to discuss the capabilities of this modern phenomenon, and the potential to automate tasks, enhance risk management, supercharge investment management, transform governance, and more.

Dr. Alexander D. Wissner-Gross, Founder and CEO, Reified
Nate Hamilton, Vice Chair, FOX

1.0 CPE | Specialized Knowledge

Space Travel That Improves Life on Earth
Looking down on planet Earth from space radically shifts one’s perception of our world and our place within it. After witnessing our planet’s thin, brilliant blue line of atmosphere against the stark blackness of space, astronauts return home to engage more deeply in solving our social and environmental challenges. Join us to learn about a new way of travelling to space that enables researchers to readily perform critical climate change science, artists to experience and communicate the transformative experience, and educators to inspire millions of students worldwide. No rockets, no hyper gravity training. Just a carbon neutral SpaceBalloon traveling at a gentle speed of 12 mph and carrying a comfortably furnished, pressurized capsule to space at 100,000 feet above the Earth’s atmosphere and back. A glimpse into the future and an inspiring vision of how tens of thousands of people globally will be able to experience “the overview effect”, discover purpose and meaning, and chart their personal course for positive impact.

Jane Poynter, Founder and Co-CEO, Space Perspective
Peter Moustakerski, CEO, FOX

Closing Remarks